Filter This MT5

Staying current with news relevant to the Forex market is an essential part of successful trading. The Filter This MT5 software provides a solution for this, allowing traders to filter news according to their specific requirements and trading strategies. Let’s delve into the unique features and functionalities of this Forex News Filter.

News Selection and Source

The Filter This MT5 draws its news from Forex Factory’s economic calendar. Traders can select news based on specific currencies or keywords, making the software highly customizable to individual trading strategies. The software also provides an option for automatic news selection related to the current chart, limiting the information to what’s most pertinent to that specific trade.

The software refreshes the news source automatically according to user input minutes to refresh. Traders can specify the minutes before and after news to filter, offering a timely and efficient way of staying updated.

Order Management Choices

In addition to news filtering, Filter This MT5 allows for comprehensive order management. This includes the closing of open positions before news with the option to restore them afterwards, deletion of pending orders before news with the option to restore them afterwards, and the option to move or remove stop-loss and take-profit levels before news, with the option to restore them afterwards.

Filter This MT5 provides easy selection of orders to manage based on chart symbol, magic numbers, and comments. This allows for quick and efficient order management, saving time and mitigating potential trading risks.

Additional Features

Filter This MT5 is designed to work seamlessly with expert advisors. It has an automatic detection feature for expert advisor setups and can stop other expert advisors from opening new positions during news by removing them. Each chart filtered by the software can have unique inputs, providing flexibility for traders managing multiple charts.

The software also features an interactive news display and plots vertical lines during news time. It offers a useful notification system to MT4/MT5 mobile, ensuring traders stay informed even when away from their workstations.

Setup Process

Setting up Filter This MT5 is straightforward. The News Filter is attached to any new, empty chart, which becomes the main chart used to display all currently filtered charts. “Filter This” is then attached to any chart the trader wishes to filter. If attached to a chart without an expert advisor, it will automatically be filtered as a manual setup. If attached to a chart with an expert advisor, the software will automatically detect the expert advisor.

Once setup is complete, the trader simply clicks “Filter Selected” on the main chart to filter news from any chart they want. For more detailed instruction and demonstration, users are referred to the YouTube video provided by the software developer.

FAQ Section

Can I test the software before purchasing?
Yes, independent testing of this product is available on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product.

Can I share my experience of using the product?
Absolutely. User feedback is valuable for potential buyers in their decision-making process. Please feel free to share your experience of using Filter This MT5.

Is this an independent product review?
Yes, this review is independent and does not promote any product. It is written in third person and does not contain any proprietary claims.

Filter This MT5 is a versatile Forex software that offers a range of features to help traders navigate the dynamic currency market. With its efficient news filtering and order management functionalities, it’s a valuable addition to any trader’s toolkit.